Quadrature Capital Ltd Buys 27,490 Shares of Capital One Financial Co. (NYSE:COF)

Quadrature Capital Ltd raised its stake in Capital One Financial Co. (NYSE:COF) by 178.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,904 shares of the financial services provider’s stock after buying an additional 27,490 shares during the period. Quadrature Capital Ltd’s holdings in Capital One Financial were worth $5,624,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Comerica Bank boosted its position in shares of Capital One Financial by 158.7% during the 3rd quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock valued at $8,526,000 after purchasing an additional 53,894 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. bought a new stake in shares of Capital One Financial during the 4th quarter valued at about $2,299,000. Montag A & Associates Inc. boosted its position in shares of Capital One Financial by 42,536.0% during the 4th quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock valued at $2,795,000 after purchasing an additional 21,268 shares in the last quarter. First Trust Direct Indexing L.P. boosted its position in shares of Capital One Financial by 14.3% during the 4th quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock valued at $1,667,000 after purchasing an additional 1,588 shares in the last quarter. Finally, National Pension Service boosted its position in shares of Capital One Financial by 2.8% during the 4th quarter. National Pension Service now owns 804,678 shares of the financial services provider’s stock valued at $105,509,000 after purchasing an additional 21,845 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on COF shares. BTIG Research initiated coverage on Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating on the stock. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and upped their price target for the stock from $145.00 to $165.00 in a research note on Thursday, June 6th. Wells Fargo & Company upped their price target on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $159.00 price target on shares of Capital One Financial in a research note on Wednesday, March 27th. Finally, Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a research note on Thursday, April 4th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial has an average rating of “Hold” and a consensus target price of $141.25.

Capital One Financial Price Performance

Capital One Financial stock opened at $137.41 on Wednesday. Capital One Financial Co. has a one year low of $88.23 and a one year high of $149.94. The business has a fifty day moving average price of $140.26 and a 200-day moving average price of $136.12. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00. The firm has a market capitalization of $52.24 billion, a P/E ratio of 10.76, a PEG ratio of 1.05 and a beta of 1.45.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The business had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.35 billion. During the same quarter last year, the business posted $2.31 EPS. The company’s quarterly revenue was up 5.6% on a year-over-year basis. As a group, equities research analysts forecast that Capital One Financial Co. will post 13.05 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were given a $0.60 dividend. The ex-dividend date was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.75%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the sale, the insider now owns 10,246 shares in the company, valued at $1,475,833.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the sale, the insider now owns 10,246 shares in the company, valued at $1,475,833.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Celia Karam sold 16,913 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total value of $2,416,529.44. Following the sale, the insider now owns 47,081 shares in the company, valued at approximately $6,726,933.28. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.